Notes & Instructions

Today’s strategy is to educate your audience on common real estate terminology that they should know. Feel free to use one of the editable templates or record a short video explaining. Be sure to share the post to your stories. **If your area does not use this real estate term, please find an alternate real estate term to define.**

Strategy Type

Template

Strategy Day

Day 21

Notes & Instructions

Today’s strategy is to educate your audience on common real estate terminology that they should know. Feel free to use one of the editable templates or record a short video explaining. Be sure to share the post to your stories. **If your area does not use this real estate term, please find an alternate real estate term to define.**

Strategy Type

Template

Strategy Day

Day 21

Recommended Caption (copy & paste)

Fair market value (FMV) in real estate is the determined price that a property will sell for in an open market. The FMV is agreed upon between a willing buyer and seller, both of whom are reasonably knowledgeable about the property in question.

To determine what fair market value is, it’s better to first look at what FMV isn’t: fair market value isn’t what you (the buyer or the seller) think the value is, it’s not necessarily the appraised price, and it also isn’t the tax value. 

Follow me for all things [CITY] & real estate 👍

Buy | Sell | Lease | Invest

📱 Your Number
✉ Your email address
🌐 Your Website
🏢 Your Brokerage

Recommended Hashtags

#fmv #fairmarketvalue #realestateterminology #realestatevocab #learnrealestate #buyingahome #realestatetips #sellingahome #homesforsale

Recommended Caption (copy & paste)

Fair market value (FMV) in real estate is the determined price that a property will sell for in an open market. The FMV is agreed upon between a willing buyer and seller, both of whom are reasonably knowledgeable about the property in question.

To determine what fair market value is, it’s better to first look at what FMV isn’t: fair market value isn’t what you (the buyer or the seller) think the value is, it’s not necessarily the appraised price, and it also isn’t the tax value. 

Follow me for all things [CITY] & real estate 👍

Buy | Sell | Lease | Invest

📱 – Your Number
✉ – Your email address
🌐 – Your Website
🏢 – Your Brokerage

Recommended Hashtags

#fmv #fairmarketvalue #realestateterminology #realestatevocab #learnrealestate #buyingahome #realestatetips #sellingahome #homesforsale